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Reply #16: I don't believe BP will survive this disaster [View All]

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NeedleCast Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-02-10 12:04 PM
Response to Reply #14
16. I don't believe BP will survive this disaster
Their market capitalization has already fallen by a third and they are becoming vulnerable to hostile take overs. If they end up filing bankruptcy - which I don't think they can avoid as massive class action suits against them go forward - I'd like to see the government buy all the US assets/subsidiaries.
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